40, NORTHWAY, THATCHAM, RG18 3FG - £345,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 NORTHWAY is a very small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £345,000 in August 2023, which was around 48% below the average August 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

40 NORTHWAY Sold Prices

Land registry data shows two sales for 40 NORTHWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 40 NORTHWAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 21 AUG	£345,000	£669,420	48% below HPI
2007 20 DEC	£292,500	£406,866	28% below HPI

40 NORTHWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 40 NORTHWAY sales from December 2007 and August 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 40 NORTHWAY?

40 NORTHWAY is 85m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses by size in Thatcham, and where 40 NORTHWAY lies on this distribution: 19% of detached houses are smaller than 40 NORTHWAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

40 NORTHWAY: Plot and Title Map

40 NORTHWAY sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 40 NORTHWAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 40 NORTHWAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 40 NORTHWAY?

40 NORTHWAY is located in THATCHAM, in the RG18 postcode district. The below map shows the position of No. 40 on NORTHWAY.